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Petards Group PLC (PEG)

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Tuesday 16 May, 2017

Petards Group PLC

Director/PDMR Shareholding

RNS Number : 3305F
Petards Group PLC
16 May 2017
 

16 May 2017

PETARDS GROUP PLC

("Petards" or the "Group")

 

Director/PDMR Shareholding

Petards, the AIM quoted software developer of advanced security and surveillance systems, announces that it has received notification that Raschid Abdullah, Chairman, has sold 140,000 ordinary shares at a price of 38 pence each.  Following the sale, Mr Abdullah is directly interested in 1,331,472 ordinary shares.

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

The information below, set out in accordance with the requirements of the EU Market Abuse Regulation, provides further detail.

1

Details of the person discharging managerial responsibilities/person closely associated

a)

Name

Raschid Abdullah

2

Reason for the notification

a)

Position/status

Chairman

b)

Initial notification/ Amendment

Initial Notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Petards Group plc

b)

LEI

213 800 YPE 3U4 5S6 TZT 05

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

 

Identification code

Ordinary shares of 1 pence each

 

 

ISIN: GB00B4YL8F73

b)

Nature of the transactions

Sale of ordinary shares

c)

Price(s) and volume(s)

Price(s)

Volume(s)

38 pence

38 pence

90,000

50,000

 

d)

Aggregated information

-     Aggregated volume

-     Price

 

140,000

£53,200

e)

Date of the transaction

12 May 2017

16 May 2017

f)

Place of the transaction

London Stock Exchange, AIM

 

 

 

 

Contacts:

 

 

Petards Group plc

www.petards.com

Raschid Abdullah, Chairman

Mb:  07768 905 004



WH Ireland Limited, Nomad and Joint Broker

www.whirelandplc.com

Mike Coe / Ed Allsopp

Tel:  0117 945 3470



Hybridan LLP, Joint Broker

www.hybridan.com

Claire Louise Noyce

 

Tel:  020 3764 2341

[email protected]

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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